Market Insights

IVIX Ranks #13 on Calcalist's 2025 Top 50 Startups List — A Meteoric Rise in Fintech Innovation

BY: 
Matan Fattal, IVIX CEO and Co-Founder
May 14, 2025

I’m incredibly proud to share that IVIX has been named #13 on Calcalist’s list of Israel’s 50 Most Promising Startups for 2025, accelerating an incredible 32 spots from our ranking last year for the biggest single-year gain of any company. IVIX is also the highest ranked FinTech on the 2025 list. It’s a humbling and energizing moment—one that reflects not only our momentum, but the incredible work of our team and the importance of the mission we’ve set out to achieve.

From Kindergarten to Cutting-Edge Fintech

The story of IVIX began not in a boardroom, but in Batya Kindergarten in Ra’anana, where I met my co-founder and close friend, Doron Passov. That early friendship would eventually evolve into a shared pursuit of mathematics and technology, ultimately laying the foundation for IVIX.

The idea for IVIX was sparked during a meeting with the chief of a financial crime enforcement agency. I was stunned to learn how few technological tools many government agencies had at their disposal to detect and trace financial crime. That moment planted the seed for IVIX.

Mapping Financial Crimes with AI and OSINT 

This might be the most technologically complex solution I have ever worked on, leveraging LLMs, a vast amount of data, and dedicated research in order to index the internet from a financial perspective. After three years of core development, IVIX introduced the first version of our platform—a graph-based intelligence system that uses AI and public data to map financial connections, flag illicit business activity, and uncover networks hidden behind shell companies and crypto wallets. Our goal was simple: give enforcement agencies the tools they need to see the invisible.

Since launching at the end of 2023, IVIX has seen rapid adoption by governments and law enforcement agencies. The platform doesn’t just detect risk—it drives results. In fact, IVIX has already uncovered several billion dollars in unreported capital.

A Big Leap on a Bigger Mission

Being named #13 on Calcalist’s 2025 list is meaningful for us—not only because of where we started, but because of where we’re headed. Being recognized among the most promising startups in Israel is no small feat—especially in a country known for its innovation in cybersecurity, fintech, and AI. Our leap from #45 to #13 in just one year - the biggest leap of any company on the list – reflects:

  • The growing need for technology in public-sector enforcement
  • The urgency to combat financial crime at scale
  • The dedication of our global team, 50 strong and growing

As we continue to expand our footprint in the US and globally, we honor our origins and our world-class development team in Tel Aviv.

The Mission Ahead

Our goal is clear: make financial crimes visible.

As shadow economies grow more sophisticated, so must the tools designed to uncover them. We’re proud to be leading that charge—and honored to be recognized for it.

Thank you to Calcalist, and to everyone who’s believed in our vision. Onward.

To learn more about how IVIX is helping governments fight financial crime, visit ivix.ai, follow us on LinkedIn and sign up for IVIX news.